Entries by Aoife Ross

Webinar – What is in store for your money in 2021?

Since the beginning of 2020, Covid-19 challenged every aspect of our lives, from the way we live to how we work and even how we think. The full economic impact remains unknown, although it is clear some sectors have been hit very hard. Other parts of the economy, however have not only grown, but broken […]

Looking Backwards to Move Forwards: Construction Magazine

In this month’s Construction Magazine, Susan writes about the need to reflect back on the previous year in order to plan more effectively. While much of the writing at this time of year is focused on the outlook for 2021, I think for retirement savers and investors, it is useful to look back at the […]

How Safe is Your Future?

In this month’s Construction Magazine, Susan applies the mission statement of Construction Safety Week 2020 to planning your future personal finances.   With this year’s Construction Safety Week wrapped up, I reflected on the mission statement and considered how it could apply to personal finance. I have applied some of the logic to the key […]

The Devil is in the Detail when it comes to Protection

In this month’s Construction Magazine, Susan sets out some crucial points to be considered when looking at life assurance and protection cover. I have been writing a lot about protection cover of late. This has come about due to the increase in demand from my own clients and a worldwide trend since the beginning of […]

We can’t Predict the Future, but we can Ease the Journey

In this month’s Construction Magazine, Susan suggests a few steps that can be taken to protect personal finances during times of market volatility. Having been inundated with articles on “How to survive a pandemic”, I wondered was there any such tips for surviving a likely recession. There were a few posts, but not as many […]

Attracting Skilled Staff with Benefits

A benefits package plays a crucial part of attracting and retaining great staff. There are skills and labour shortages in the construction sector and these shortages are for both professionals, such as project managers and quantity surveyors and for tradespeople and general operatives. Attract and Retain Considering these shortages, it becomes all the more critical […]

Remembering Our Losses – Not the Recovery

In this month’s Construction Magazine, Susan writes when it comes to your pension, you should stay the course of your investment strategy. No doubt, at this point, you have heard reference to the Great Depression of the 1930s. While there are technical similarities, we live in a very different world with very different economic and […]

Life Cover and Covid-19

The last few months have been a stressful time for humanity. The mental load of worries and concerns arising from Covid-19 are many and varied. Humans are resilient and while we adjust to our new ways of working, shopping and restricted travel, there are still new worries arising for many of us as pandemic lingers […]

Financial Guidance During a Crisis

During this Covid -19 pandemic, one thing is certain and that is that nothing is certain and stock markets do not like uncertainty. Over the last few weeks, we have witnessed the shortest sharpest shock to the stock market in history. World Equities fell by close to 30% YTD to 23 March 2020. It is […]

What is going on with the State Pension?

The State pension has had a lot of attention over the past few weeks. In this month’s Construction Magazine, Susan outlines what issues should be considered when discussing it. From 2021, the age at which a person becomes entitled to collect the State pension will increase from 66 to 67. This increase has been the […]

Planning for your retirement?

We mean two things when we talk about planning for retirement.  The first plan is to set up a pension scheme, either a personal pension or participation in your employer sponsored occupational pension scheme.  Then you will need to regularly contribute, throughout your working life with the aim of accumulating a pot of money, which […]

Is Life Cover Important?

Mortgage Protection Versus Life Cover I frequently get asked this by clients and friends alike…they go on to say “I have mortgage protection anyway, sure that’s the same thing right?” Yes, and No. Mortgage Protection is indeed Life Cover. It will pay off any outstanding balance on your mortgage if you die and it is […]

Increasing the Age of Retirement in Ireland

The State Pension has been in the news a lot in the last week. With all the news circulating, it’s fair to ask what is actually happening. In this post, we look at what is going on with the State Pension. Update: Due to the Covid-19 pandemic, the government has postponed any decision on changes […]

Getting yourself Pension-Savvy

In this month’s Construction Magazine, Susan asks if Ireland will finally become wise about pensions in the coming decade. This year is the beginning of a new decade and a good point to take stock of the last one while looking to the future. In 2010, Apple debuted the iPad. In 2012, we witnessed the […]

The Benefits of reading your benefit statement

If you have a pension plan do you read and understand your annual benefit statement? It’s vital to review it as this could unlock some benefits to help your finances. In Milestone Advisory, I spend the majority of my time with clients who are approaching retirement or who have already reached this particular milestone.  This […]

Protecting your Finances

Protecting You, Your Family and Your Future Health and Safety is vital in the construction sector. Protecting your finances is also an important part of your future planning.  The way to protect your finances is to save for the future and insure against the unexpected. It is that simple. But it gets complicated as there […]

Protect your finances – save for the future!

In October each year, the Construction Industry Federation (CIF), run their annual Safety Week campaign. This campaign serves as a reminder about the health and safety of everyone involved in the Construction Industry. The ultimate goal is to provide people with all the relevant information available to enable them to protect themselves. Protecting your finances […]

Taking Control of your Pension Planning

It’s time to take control of your pension planning. If you haven’t already started saving for retirement, it’s not too late. The current tax relief available within the pension framework was designed to allow older people save more money. As you can see from the table below, from age 50 the percentage of your salary on […]

Life After Career

Taking a holistic approach While the role of the financial adviser is to focus on the money, sometimes the planning phase can raise other issues a client has not previously considered. In the pre-retirement financial planning phase, it is beneficial to take a holistic approach, so that along with diligently saving money, you also make […]